What is the value of a salvage vehicle?

Answer A salvage vehicle is a vehicle that has incurred such severe damage that the cost of repairs exceeds a percentage of the vehicle's cost designated by the insurance company as its salvage value. Thi... Read More »

Top Q&A For: What is the value of a salvage vehicle

How much is a salvage vehicle's value?

The value of a salvage vehicle can be determined via its Kelley Book Value (see "Resources") and deducting 20 to 40 percent. A more accurate way is to take the vehicle to an automobile appraiser.So... Read More »

How to Calculate Salvage Value of a Vehicle?

The salvage value of a vehicle determines how much a car is worth after use, or how much could be earned from selling it. Rather than a precise formula, this price is an estimate. Thus, there are c... Read More »

How to Import a Salvage Vehicle to Canada?

You can import a salvage vehicle, which can be purchased for a fraction of the cost of a new car, for licensing in Canada as long as the damage wasn't caused by flooding and it's on the list of app... Read More »

How to Buy Cars at Vehicle Salvage Auctions?

Buying vehicles, vans, boats, RVs and travel trailers at vehicle salvage auctions is a great way to economize and build a used car business. New reseller programs now permit anyone to bid and buy a... Read More »